Multiverse Nabs €189M to Shrink AI Models with Quantum-Inspired Tech

Spain’s Multiverse Computing just raised €189M to scale “CompactifAI,” a tool that slims down open-source AI models by up to 95%. These faster, cheaper models can even run on Raspberry Pi. Backed by firms like HP and Toshiba, Multiverse now eyes global expansion.

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QNu Labs Is Building India’s Quantum-Safe Cybersecurity Future

When digital payments soared post-demonetisation, Sunil Gupta saw the missing link—digital trust. In 2016, he co-founded QNu Labs, betting on quantum cryptography instead of AI to build India’s own secure cyber platform. The IIT-Madras-incubated startup now builds quantum-safe chips, encryption hardware, and cloud security tools for India’s defence and critical sectors, recently raising ₹60 crore to scale globally.

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Israeli Quantum Startup Classiq Secures $110 Million in Private Investment

Quantum computing might sound like science fiction, but it’s edging closer to real-world use—and one startup is leading the charge. Israeli company Classiq just raised a jaw-dropping $110 million to make quantum software easier for businesses everywhere.

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Who’s Leading the Charge in Quantum Chip Development?

Tech giants like Google, Microsoft, Amazon, IBM, and Intel, alongside startups such as Akhetonics, Alice & Bob, Atom Computing, D-Wave, EeroQ, Fujitsu, RIKEN, IonQ, IQM, Pasqal, PsiQuantum, Qilimanjaro, Quandela, Quantinuum, QuantWare, QuEra, Rigetti, SEEQC, SpinQ, and Xanadu, are pushing quantum chip breakthroughs for real-world applications.

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